Countries of the Asia-Pacific region have adopted a variety of structural and regulatory reforms in the telecommunications sector for two reasons: (1) to promote the development of the industry, expanding basic service availability and (2) to further enhance the infrastructure, providing greater diversity of advanced telecommunications services. Where the Asia-Pacific region departs from the ot...

Presently, the competition of soft power has become an important trend in international competition. The expansion and dissemination of culture soft power has even caused challenges and risks to other countries’ national security. Therefore, by summarizing the characteristics of and the trends of international culture soft power competition, considering the chief impacts on Chinese culture secu...

An important puzzle in corporate taxation is that effective tax rates have fallen significantly while tax revenue has simultaneously risen in most countries. Moreover, the gross profitability of firms seems to be lower in high-tax countries, even though standard models of international investment would yield the opposite conclusion. We offer an explanation for these stylized facts by setting up...

An important puzzle in corporate taxation is that effective tax rates have fallen significantly while tax revenue has simultaneously risen in most countries. Moreover, the gross profitability of firms seems to be lower in high-tax countries, even though standard models of international investment would yield the opposite conclusion. We offer an explanation for these stylized facts by setting up...

This Essay is about air transport and EC competition Law. The air transport industry has, in many countries, developed as a mixture of public utility and commercial venture. With the deregulation of the airline market, the EC Commission has also, to an increasing extent, become involved in the competition aspects of the airline industry. Part I deals with the transportation industry. Part II di...

Thin capitalization rules have become an important element in the corporate tax systems of developed countries. This paper sets up a model where national and multinational firms choose tax-efficient financial structures and countries compete for multinational firms through statutory tax rates and thin capitalization rules that limit the tax-deductibility of internal debt flows. In a symmetric t...

Examining the administrative and operational difficulties as well as the successes and failures of developing country competition law enforcement activities can help policymakers address the numerous difficulties accompanying the implementation of competition policies. As Umut Aydin and Tim Büthe explain in the introductory article of this symposium, there are a variety of criteria that should ...

Firms in Eastern Europe and Central Asia that feel their competitors pressure them to innovate are more likely to innovate than firms do not. But price competition also reduces rents—and therefore the resources that firms have to invest. This paper assesses how competition policy affects these two different aspects of competition and how each affect innovation. It finds that enforcing competiti...

Utilizing economic theory, this paper tests the proposition that intellectual property rights and competition policy are complementary policies. An ordered probit model is applied to a sample of over 4,000 firms in 36 countries in order to estimate the marginal effects of the use and quality of enforcement of intellectual property rights on a measure of the degree of seriousness of competition ...